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Dec 30, 2012
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. >> this weekend, government issued the's are arriving at the capitol signal talks are still going on, but the americans are getting impatient. >> sit down, get in a room, and don't come out until you get this taken care of. >> right now, harry reid and mitch mcconnell are working on a so-called mini deal to prevent a tax increase for roughly 98% of american workers, extending unemployment benefits to nearly 2 million people, preventing cuts to medicare doctors. >> whenever we come up with will be in perfect. >> it comes up with president obama calls the bare minimum addressing tax cuts without doing anything to curb spending. >> we will get at best a patch and be here again in two months. congress cannot get out of its own way. >> average family would pay an extra $3,400 next year. >> the law says that every american's tax rates are going up. every american's paycheck will its mother. if that the impasse has shaken wall street, -- the impasse has shaken wall street. >> i think the likelihood is we go over the fiscal cliff. >> jim moran is wondering if partisan politics has destroyed
. >> this weekend, government issued the's are arriving at the capitol signal talks are still going on, but the americans are getting impatient. >> sit down, get in a room, and don't come out until you get this taken care of. >> right now, harry reid and mitch mcconnell are working on a so-called mini deal to prevent a tax increase for roughly 98% of american workers, extending unemployment benefits to nearly 2 million people, preventing cuts to medicare doctors. >>...
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Dec 27, 2012
12/12
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they are just sticking to one principle, limited government. they look at something with no principles like occupy wall street to elevate them as heroes. principles that are mold. >> andrea: republicans might have reason to fret, too. the leader, speaker john boehner and the approval rating is lower than speaker pelosi. who is a vampire. 51% boehner unfavorable. juan, you said people say boehner is safe and i have been hearing opposite. i like boehner. tough situation. trying to herd cats. i don't agree what we did the other day to put a bill on the floor he doesn't have support for. but you think he won't hold on. >> juan: i think he will hold on. i don't think there is enough time before january 3 to line up. what happened to john boehner, my gosh, they -- his troops abandoned him. >> andrea: mccarthy is the whip. he should know how many works he has. >> juan: he works for boehner. >> kimberly: but he goes back -- it was a mess. >> juan: the dynamic didn't make sense. this goes back to what eric said. he, what everybody on the far right side
they are just sticking to one principle, limited government. they look at something with no principles like occupy wall street to elevate them as heroes. principles that are mold. >> andrea: republicans might have reason to fret, too. the leader, speaker john boehner and the approval rating is lower than speaker pelosi. who is a vampire. 51% boehner unfavorable. juan, you said people say boehner is safe and i have been hearing opposite. i like boehner. tough situation. trying to herd...
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Dec 29, 2012
12/12
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. >> we have a crisis of self government right now. >> if an agreement is reached it would be with the president calls a bare minimum keeping unemployment benefits for about 2 million americans in place. tough issues like spending cuts will not be tackled until next year. the next 24 hours will be crucial. richard reeve, abc 7 news. >> we have an update on former president george h. w. bush. the 88-year-old was moved out of intensive care at a houston hospital. they say that his condition continues to will improve and the family thanks everyone for their prayers and good thoughts. president bush has been in the hospital since late november for a cough. >> a deadly plane crash in russia tonight. what investigators believe happened. >> following developing news from russia, where a passenger plane has crashed as it as it attempted to land in moscow. 4 people of the eight who were on board were killed, 4 others seriously injured. and the the woman who was gang raped in india at two weeks ago has died. the police in new delhi are urging people to stay calm. there have already been riots an
. >> we have a crisis of self government right now. >> if an agreement is reached it would be with the president calls a bare minimum keeping unemployment benefits for about 2 million americans in place. tough issues like spending cuts will not be tackled until next year. the next 24 hours will be crucial. richard reeve, abc 7 news. >> we have an update on former president george h. w. bush. the 88-year-old was moved out of intensive care at a houston hospital. they say that...
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Dec 27, 2012
12/12
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that's what government does. but when you get inflexible people that seem to not understand the pain of the ordinary american, how do you break this gridlock? >> well, it's very hard. and the point you made, rev, is a very good one. the president did move with entitlements and it did anger a cig n significant portion of his base. but the president agrees that you can't set this nation's economy on a healthy path that cease going to take care of our deficit and make it a managinin bart of gdp. he knows we can't asked the republicans to raise it 1.2, 1.3 trillion in revenue. he's reached out and made cig nif kant concessions and the response to that was nothing. it is pathetic. >> jaret, let me ask you, if we go over the cliff, what ps? is there not an immediate impact on people with unemployment insurance and other things? i mean, what happens if we go over this cliff? >> well, you really have to distinguish between going over the cliff and quickly reversing the damage, meaning in a matter of weeks, which is still
that's what government does. but when you get inflexible people that seem to not understand the pain of the ordinary american, how do you break this gridlock? >> well, it's very hard. and the point you made, rev, is a very good one. the president did move with entitlements and it did anger a cig n significant portion of his base. but the president agrees that you can't set this nation's economy on a healthy path that cease going to take care of our deficit and make it a managinin bart of...
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Dec 27, 2012
12/12
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they are just sticking to one principle, limited government. they look at something with no principles like occupy wall street to elevate them as heroes. principles that are mold. >> andrea: republicans might have reason to fret, too. the leader, speaker john boehner and the approval rating is lower than speaker pelosi. who is a vampire. 51% boehner unfavorable. juan, you said people say boehner is safe and i have been hearing opposite. i like boehner. tough situation. trying to herd cats. i don't agree what we did the other day to put a bill on the floor he doesn't have support for. but you think he won't hold on. >> juan: i think he will hold on. i don't think there is enough time before january 3 to line up. what happened to john boehner, my gosh, they -- his troops abandoned him. >> andrea: mccarthy is the whip. he should know how many works he has. >> juan: he works for boehner. >> kimberly: but he goes back -- it was a mess. >> juan: the dynamic didn't make sense. this goes back to what eric said. he, what everybody on the far right side
they are just sticking to one principle, limited government. they look at something with no principles like occupy wall street to elevate them as heroes. principles that are mold. >> andrea: republicans might have reason to fret, too. the leader, speaker john boehner and the approval rating is lower than speaker pelosi. who is a vampire. 51% boehner unfavorable. juan, you said people say boehner is safe and i have been hearing opposite. i like boehner. tough situation. trying to herd...
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Dec 29, 2012
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the people wanted government to work and for people to work together. there was a very short period of time when the speaker came back and he's meeting with the president and he said, maybe these children have actually grown up, with all due respect. now here we are. what are we going to do, pray? new year is tuesday? these consequences would be terrible. you've got working people whose paychecks would get eaten into. you got people who would pay higher taxes who can barely afford it now. unemployment benefits running out. this is just not okay for them to be sitting in their separate corners trying to figure out who is going to win and who is going to lose 'cause everybody is going to lose. >> kelly: it is incredulous to sit back and watch what's happening on capitol hill. but of course, there are other dynamics, as you know, involved in this long debate over the fiscal cliff. for example, how will all of this, susan, affect the leadership of house speaker john boehner who has not been able to get a consensus among his fellow democrats in the house and
the people wanted government to work and for people to work together. there was a very short period of time when the speaker came back and he's meeting with the president and he said, maybe these children have actually grown up, with all due respect. now here we are. what are we going to do, pray? new year is tuesday? these consequences would be terrible. you've got working people whose paychecks would get eaten into. you got people who would pay higher taxes who can barely afford it now....
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Dec 27, 2012
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government is estimated to hit $16.4 trilli $16.4 trillion borrowing limit. in a letter to congress timothy geithner says he will take several accounting measures to start the new year that. will keep the gvtmeovernment from reaching the limit until a fiscal deal is reached and the economy can save off the debt. >> let's talk about toyota? >> owners of 60 million lexus and cars from 1998 to 2010 may be getting some cash. toyota has agreed to pay more than a billion dollars to settle a class action lawsuit. toyota will create a fund for retrofitting more than 3 million cars of technology that makes it easier for them to stop. in late 2009, all of 20010 due to lower resail value of the car. toyota has not admitteded any guilt on this topic. >> they get a big chunk of change and the car owners a little bit. >> for many passengers air travel is about finding the cheeps air fair. as airlines offer more and more add-ons from early boarding to premium seating to baggage fees that ability to comparison shop is pretty much impossible. the on-line ticketers like expedi
government is estimated to hit $16.4 trilli $16.4 trillion borrowing limit. in a letter to congress timothy geithner says he will take several accounting measures to start the new year that. will keep the gvtmeovernment from reaching the limit until a fiscal deal is reached and the economy can save off the debt. >> let's talk about toyota? >> owners of 60 million lexus and cars from 1998 to 2010 may be getting some cash. toyota has agreed to pay more than a billion dollars to settle...
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Dec 29, 2012
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what says the arizona government? >> well, part of senate bill 1070 which originally was not enjoined provides if you're otherwise involved in criminal activity it's a crime to knowingly transport or harbor an illegal alien. now, illegal movement people, people not here legally is incremental involved in some of our most dangerous crimes, drug smuggling, human smuggling, sex trafficking, and one police chief gave an affidavit everyone they had for running drugs was here illegally. and it comes within our original police powers under the cues. recently there was a change by the judge who originally would not give an injunction because the 11th circuit declared similar laws unconstitutional in alabama and-- it's gone to the 9th circuit. the mexican government filed a brief saying that we're interfering with the federal monopoly on international relations because mexico disgross with our law. that's a dangerous argument. a lot of countries disagree with our laws, a lot of countries disagree with capital punishment and a
what says the arizona government? >> well, part of senate bill 1070 which originally was not enjoined provides if you're otherwise involved in criminal activity it's a crime to knowingly transport or harbor an illegal alien. now, illegal movement people, people not here legally is incremental involved in some of our most dangerous crimes, drug smuggling, human smuggling, sex trafficking, and one police chief gave an affidavit everyone they had for running drugs was here illegally. and it...
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Dec 29, 2012
12/12
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CNNW
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i'll tell you it's not a philosophical disagreement, it's a crisis of self-government. >>> a disturbing story out of new york tonight next. police are looking for a young woman who allegedly pushes a man onto the subway tracks when a train was approaching the station in queens. police have just identified the man as 46-year-old suendo sen of queens, new york. this is the second time in a month a passenger was pushed to his death in front of a train. it's raising some serious questions about the safety of the nation's largest subway system. >> it was -- it was horrible. horrible. it echoed through the bottom. i never want to hear something like that again. >> reporter: this man heard the final scream of the victim. james callanan's train was halted because of the incident. >> they said that this is the last stop on the 7 train. debris fell on the tracks. that's all they were telling people. >> reporter: witnesses say the victim was standing on the edge of this subway platform in queens when a woman who was pacing and talking to herself pushed him onto the tracks. the victim was a graphic
i'll tell you it's not a philosophical disagreement, it's a crisis of self-government. >>> a disturbing story out of new york tonight next. police are looking for a young woman who allegedly pushes a man onto the subway tracks when a train was approaching the station in queens. police have just identified the man as 46-year-old suendo sen of queens, new york. this is the second time in a month a passenger was pushed to his death in front of a train. it's raising some serious questions...
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Dec 27, 2012
12/12
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a lot of them want to govern. i think things can happen quickly in january. >> there is a lot of talk with the gop looking ahead to the debt limit when there will be anything substantial don entitlement reform and things of that nature. and how worries are you that we could see a repeat of the possible down great of the u.s. createit rating? >> i'm concerned about it. we reached the debt limit, but tricks we can play to keep the government operating. that looks like no more than 60 days. it's an arbitrary and useless statute. denmark i think is the only other country that has something like that. this would be gamesmanship of the most dangerous kind. i hope nobody is going to play that game. i know the president said he is not going to play that game. if the republicans think they use that as leverage, they do that at their own risk. >> congressman, good luck to the cardinals. take care. >> thank you, luke. >> we are keeping our eye on how the stalemate is playing on wall street and president george hw bush is now
a lot of them want to govern. i think things can happen quickly in january. >> there is a lot of talk with the gop looking ahead to the debt limit when there will be anything substantial don entitlement reform and things of that nature. and how worries are you that we could see a repeat of the possible down great of the u.s. createit rating? >> i'm concerned about it. we reached the debt limit, but tricks we can play to keep the government operating. that looks like no more than 60...
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Dec 23, 2012
12/12
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>> wdo not have an autocratic government. a lot of these ceo's are used to giving orders and having those orders followed. >> we finally heard friday from the national rifle associatition -- the gun industry. will they keep all of the freedoms that they have now? >> it is very weird when the nra is calling for a lotf spending atat aime when we areaving a debate about fiscal contraction. >> the nra saying gu don't kill people. is that going to fly? >> a lot o things need to be fixed. we need to get aomatic weapons of the people's han. we need to do something about the mentally ill. also i think we need to talk about the stability of our rhetoric and what goes on on the internet and so forth. people are jt too blunt.. >> peter morici, josh boak, alalways a pleasure. that is it >> on behalf all of us here at the "shington business reportrt," we want to wish you a veryerry christmas andappy new year. we hope you'll join us in 2013. you always have find ways to find us on the internet. thanks for joining us. i'rebecca cooper.
>> wdo not have an autocratic government. a lot of these ceo's are used to giving orders and having those orders followed. >> we finally heard friday from the national rifle associatition -- the gun industry. will they keep all of the freedoms that they have now? >> it is very weird when the nra is calling for a lotf spending atat aime when we areaving a debate about fiscal contraction. >> the nra saying gu don't kill people. is that going to fly? >> a lot o things...
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Dec 27, 2012
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first off, i want to ask you, you say in your series here that the federal government has emerged as one of the most potent factor driving income inequality. what do you mean? >> this has to do with the first story in the series, which is about tax equality. we did find the bush era tax cuts and sort of increased incomes at the top, that was a factor in reducing inequality, so it can be something that the government can do to mitigate. we tried to look at data in our series. we didn't want to be partisan about this. one factor that can help is tax policy, but the broader issue is jobs. people at the top are earning much more than they ever have. >> talks to that point about tax policy, the numbers out there, is it 250,000? is it 400,000? what is the threshold that would help to flatten this issue of income inquaet, be more progressive, perhaps? >> i think it would help to, at the top, to increase the rates. i think there's a need for training. we looked at two states along with washed. we looked at massachusetts and indiana. it's a skills economy. the manufacturing jobs where a high
first off, i want to ask you, you say in your series here that the federal government has emerged as one of the most potent factor driving income inequality. what do you mean? >> this has to do with the first story in the series, which is about tax equality. we did find the bush era tax cuts and sort of increased incomes at the top, that was a factor in reducing inequality, so it can be something that the government can do to mitigate. we tried to look at data in our series. we didn't...
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Dec 27, 2012
12/12
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FBC
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will they put in a transitional government? >> whatever happens between now and half of 2013 anything would need to retrieve months to stabilize the country. the militia are not up for an agreement including assad. he is afraid of any agreement that they will take care about. at least the next 34 months we do not see an agreement unless russia will enforce the agreement. tracy: if we get involved is another show. iran. some days the regime is comical. >> three or four years we have claimed those sanctions are working but they are but not on the regime. they work on the people who are underdress. the regime has taken a van should stage -- advantage of the sanctions they have the leverage to syria supporting the assad regime and to love and on and destabilizing the arabian peninsula. they're doing a lot of expansion. tracy: you are so terrific t30. if it is going to be safer you answered no where close. please come back. >> happy new year. lori: the u.s. markets, not really. nothing new. the losses are getting worse 130 points on
will they put in a transitional government? >> whatever happens between now and half of 2013 anything would need to retrieve months to stabilize the country. the militia are not up for an agreement including assad. he is afraid of any agreement that they will take care about. at least the next 34 months we do not see an agreement unless russia will enforce the agreement. tracy: if we get involved is another show. iran. some days the regime is comical. >> three or four years we have...
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Dec 28, 2012
12/12
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, get 50% or more of their sales from government contracts. really interesting stuff. it's not just, again, defense companies. you're going to see waste management in there, an environmental company. motorola in there as well. we talked to fidelity. they are concerned as well telling amists to watch for certainly insexes -- indexes and others that cover financials and others cited there. adam: i have friends saying there's no fiscal cliff, it's make believe trumped up by the media and parties to scare people, get rate, and, perhaps bring about policy that's not true. look at the companies, the fact that the government -- look at the contracts that would be canceled, those are people who would lose jobs in several months. the recession that the cbo is legitimate looking at that list. >> that's right, adam. it's interesting because it flushes out what companies basically operate on the iron lung, with an iron lung, because of the government subsidies. it was interesting to me, the list of the companies that get so much of the revenues from the g
, get 50% or more of their sales from government contracts. really interesting stuff. it's not just, again, defense companies. you're going to see waste management in there, an environmental company. motorola in there as well. we talked to fidelity. they are concerned as well telling amists to watch for certainly insexes -- indexes and others that cover financials and others cited there. adam: i have friends saying there's no fiscal cliff, it's make believe trumped up by the media and parties...
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Dec 27, 2012
12/12
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so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes below $250,000, prolong unemployment benefits and delay those sweeping spending cuts. while many republicans oppose new taxes for anyone, senator kay bailey hutchison says she's looking for compromise, alluding to house speaker john boehner's plan "b" that was met with stiff opposition from his own party. >> i think $250,000 is too low a threshold. a lot of working people who are couples would exceed that, and i don't think we need that kind of shock to the system. however, i've talked to some of my democratic colleagues, and they are saying maybe in the $400,000 or $500,000 category we could set a benchmark. i do think it is essential t
so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes below $250,000, prolong unemployment benefits and delay those sweeping spending cuts. while...
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Dec 29, 2012
12/12
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debt and the government can't get too much done. i don't think that's decisive of how the economy performs but it's definitely something that's going to weigh on people. if taxes go up across the board on virtually everything then smaller take-home pay does impact. >> it hurts. >> thank you so much to both of you. we look forward to seeing both of you later in the new year. >> yes. >>> coming up later we'll have some important tips for avoiding your own personal fiscal cliff in 2013. >>> now, just a couple of days after the east coast endure add powerful storm another one is about to hit, bringing even more snow and rain and all of those problems that come with that. here this morning with more on that is jeff berardelli meteorologist at our station in miami. good morning to you, jeff. >> good morning to you seth and good morning to you, everybody. you know this is turning out to be a pretty significant system. we've already had three inches of snow in parts of kentucky. it's moving east into central pennsylvania as well in fact. as
debt and the government can't get too much done. i don't think that's decisive of how the economy performs but it's definitely something that's going to weigh on people. if taxes go up across the board on virtually everything then smaller take-home pay does impact. >> it hurts. >> thank you so much to both of you. we look forward to seeing both of you later in the new year. >> yes. >>> coming up later we'll have some important tips for avoiding your own personal...
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Dec 23, 2012
12/12
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KRCB
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the government bought them back. after a certain date if they were in your home, you were arrested. they have had a decrease in crime and suicide, which is an interesting development. it seems to me, you either have to go that route, which you cannot in the u.s. -- gun ownership in australia was 5% of households. gallup has shown is 47% here. we he the second amendment and the history back to washington. given that we are a different culture, the kinds of laws that we pass are almost always an effective as a result, because there are 300 million weapons out there today. unless you recall them the way that australia did, and we cannot do that -- you would have a reservoir that would last 100 years. >> you can imagine what would happen. there would be an insurrection. >> you do not have to permit guns -- and i understand they are already there -- but you do not simply not do something because it is already a problem. right now>> you can imagine whad happen. there would be an insurrection. , we allowed guns that are made specifically to injured in the most grievous way and the fastest
the government bought them back. after a certain date if they were in your home, you were arrested. they have had a decrease in crime and suicide, which is an interesting development. it seems to me, you either have to go that route, which you cannot in the u.s. -- gun ownership in australia was 5% of households. gallup has shown is 47% here. we he the second amendment and the history back to washington. given that we are a different culture, the kinds of laws that we pass are almost always an...
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Dec 27, 2012
12/12
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FBC
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we only control one third of government. you guys control two thirds and you have refused to lead through this crisis. >> if there was a bill that would raise taxes on people over $400,000 a year that that would pass? [talking over each other] >> look, a revenue bill would pass provided that it was matched by spending reductions. we will not take from people without giving them the insurance that we are not spending more that we are taking in. liz: thank you. great to be with you both. next up, we have good news on the housing front. the latest word from the commerce department has new-home sales at at the highest level we have seen in more than two years. new single-family home sales increased by 4.4% last month from october. it showed home prices up nearly 7% for this year. the winter blast that wrecked lives in the south and kept most of the nation at home and caused the death of about six people over christmas makes one last stop in the northeast. first, let's take a look at the treasury markets. we do not see a lot of a
we only control one third of government. you guys control two thirds and you have refused to lead through this crisis. >> if there was a bill that would raise taxes on people over $400,000 a year that that would pass? [talking over each other] >> look, a revenue bill would pass provided that it was matched by spending reductions. we will not take from people without giving them the insurance that we are not spending more that we are taking in. liz: thank you. great to be with you...
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Dec 28, 2012
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government. the president of that country is trying to fight off rebels approaching the capital. the rebels have already seized an ounce. secretary clinton is expected to return to work next week. she's been recovering from a concussion she suffered after fainting while sufferfighting a stomach virus. she will testify next month before congress on the deadly attacks in benghazi. it all comes down to sunday for the redskins and cowboys. the nfc east title is on the line. john gonzalez is out there. he is previewing what you call it an extra it christmas. >> is a bonus christmas a couple days after the real christmas. fedex field might look dark this morning, but it will be a few days. the last time the redskins were in the playoffs was 2006. at what is at stake on sunday night. the game will be so big that they changed the time of the game to prime time on national television. they could not expect a better opponent for this final game of the season, the dreaded dallas cowboys. the winner goes to
government. the president of that country is trying to fight off rebels approaching the capital. the rebels have already seized an ounce. secretary clinton is expected to return to work next week. she's been recovering from a concussion she suffered after fainting while sufferfighting a stomach virus. she will testify next month before congress on the deadly attacks in benghazi. it all comes down to sunday for the redskins and cowboys. the nfc east title is on the line. john gonzalez is out...
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Dec 22, 2012
12/12
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the issue is how many different times can the government to punish him as a result of that moral condemnation. the answer in the double jeopardy clause is one. >> starting monday and a threat christmas week, c-span.org radio is featuring supreme court arguments by current justices before they were on the bench. you can listen to c-span.org radio in the washington baltimore area at 90.1 fm. or online at c-span.org. >> if you worked for him, you would get a material, sometimes generous, sometimes over barry -- overbearing, almost cruel boss. he did not know how to apologize. men of his age and class, they are not going to apologize to their secretaries or typist. he had a way of turning the tables in his version of an apology, which would be to say, i am actually a very kind man, and you are doing a good job today, but the issue was never settled. he always had to get the last word in. one night and going through -- one night going through a white hall, a german bomb fell. his bodyguard push him into a door. a couple of men -- he did not like to be touched. he said, thompson, do not do that. th
the issue is how many different times can the government to punish him as a result of that moral condemnation. the answer in the double jeopardy clause is one. >> starting monday and a threat christmas week, c-span.org radio is featuring supreme court arguments by current justices before they were on the bench. you can listen to c-span.org radio in the washington baltimore area at 90.1 fm. or online at c-span.org. >> if you worked for him, you would get a material, sometimes...
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keeping tabs on peaceful americans who are trying to loosen wall street's death grip on our economy and government in just a moment what do new f.b.i. documents reveal about the agency's surveillance on the occupy wall street movement also president obama cut short his hawaiian vacation to get back to fiscal cliff negotiations but given that he and democrats have put everything they can on the table and republicans still won't compromise what hope is there in striking a deal that doesn't leave the middle class high and dry and later the funerals for newtown connecticut victims may have finally ended but unfortunately funerals for gun victims in america never truly stop another story of a mass shooting and how the n.r.a. is more interested in saving profits than saving lives. and we did tonight with occupy wall street during the heyday of the occupy movement last year if you were lucky enough to walk through one of the encampments says i was frequently here at occupy d.c. good to see a community built as an example of what our nation should be striving for you would've seen hell. care provided for
keeping tabs on peaceful americans who are trying to loosen wall street's death grip on our economy and government in just a moment what do new f.b.i. documents reveal about the agency's surveillance on the occupy wall street movement also president obama cut short his hawaiian vacation to get back to fiscal cliff negotiations but given that he and democrats have put everything they can on the table and republicans still won't compromise what hope is there in striking a deal that doesn't leave...
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Dec 27, 2012
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do you want to invest in a country whose government isn't functioning? i don't think so. so, we could get a big market reaction, a drop in the stock market, and that might scare people. >> "the rachel maddow show" week nights at 9:00 eastern right here on msnbc, the place for politics. >>> home prices on the rise, syria's head of preventing defections decides to defect. your headlines are straight ahead. plus, connecting the dots on sonia sotomayor, health care and a fine. you're watching "first look." >>> some stories making news this morning. toyota says it's reached a more than $1 billion settlement in a case involving unintended acceleration problems in its vehicles. it's one of the largest settlements involving automobile defects in u.s. history. >>> supreme court justice sonia sotomayor has denied two retailers' requests to block part of the federal health care law that requires insurance coverage for contraceptives as of january 1st. the companies, which say the law violates their religious beliefs, face a $1.3 million daily fine if they don't comply. >>> 94-year-o
do you want to invest in a country whose government isn't functioning? i don't think so. so, we could get a big market reaction, a drop in the stock market, and that might scare people. >> "the rachel maddow show" week nights at 9:00 eastern right here on msnbc, the place for politics. >>> home prices on the rise, syria's head of preventing defections decides to defect. your headlines are straight ahead. plus, connecting the dots on sonia sotomayor, health care and a...
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Dec 22, 2012
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the government cannot protect us. they can't be everywhere all the time. the government has delusional thinking. >> it's such a complicating subject and i hate to play into the sound bite. we're 5% of the world's population and we've got 50% of the guns. >> you know, today i think the nra planted a flag on planet bizarreo. i hate to use a sound bite like that. what they then say is we need more guns like our guest just said, that's the world we live in. no, we live in the world where everyone around the country has mentally deranged people, violent movie games, violent music as we do, and yet they don't have the number of guns we have and strike ily, oddly enough they don't have the same gun violence that we do. i don't know why that point escapes wayne lapierre. >> mr. siebolt, i'm confused. i expected the nra to embrace universe at background checks. i thought nra might get out in front of the ban on military assault rifles. i don't think that message played so well which is what david is saying in middle america. >> the problem not the nra. the problem
the government cannot protect us. they can't be everywhere all the time. the government has delusional thinking. >> it's such a complicating subject and i hate to play into the sound bite. we're 5% of the world's population and we've got 50% of the guns. >> you know, today i think the nra planted a flag on planet bizarreo. i hate to use a sound bite like that. what they then say is we need more guns like our guest just said, that's the world we live in. no, we live in the world...
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Dec 23, 2012
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but the main loss of revenue to the government according to a current law is. that is why the caller said we need to go over the cliff. i'm surprised that many callers were willing to go over the cliff. she mentioned that would be a chance for a recess, i think that is part of what is going on with people who believe they want to go from the republican standpoint, if you go over the cliff and the tax rates go back up, you instantly thought and the tax base. it also means more taxpayers are paying. instead of having 50% of taxpayers having no liability because their income is too low and because of deductions, you have a higher percentage that are pain and a broader base. you have more people to start sweating out more money from. once you do these spending cuts, then you decide from the standpoint of, we have already cut all this money, what do we absolutely need to add that in. in some ways, the reset would be shocking for members of congress to go through it. host: larry, you are on the line. caller: mine is a simple solution. we cannot keep going with the un
but the main loss of revenue to the government according to a current law is. that is why the caller said we need to go over the cliff. i'm surprised that many callers were willing to go over the cliff. she mentioned that would be a chance for a recess, i think that is part of what is going on with people who believe they want to go from the republican standpoint, if you go over the cliff and the tax rates go back up, you instantly thought and the tax base. it also means more taxpayers are...
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Dec 27, 2012
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, overspending government. it is about ready to hit its debt ceiling the president might have won this election but he didn't win the authority to write a blank check to continue to spend and spend and spend, to hit the debt ceiling and then go blowing through it. there may not be much conversation in washington between speaker boehner and president obama but the democrats control two third of this government. they might think about having a conversation among themselves, the senate and the president, to bring something that might have a chance of resolving these problems and maybe, they better think more about cutting spending before coming to us for more money. gregg: you know what, doug? karl rove wrote an op-ed in "the wall street journal" which he basically says, the president think it is all about him. the more mr. obama makes everything about him, the more stubborn he is likely to be when flexibility would be better. success requires adjustments, including a greater willingness to compromise and seek com
, overspending government. it is about ready to hit its debt ceiling the president might have won this election but he didn't win the authority to write a blank check to continue to spend and spend and spend, to hit the debt ceiling and then go blowing through it. there may not be much conversation in washington between speaker boehner and president obama but the democrats control two third of this government. they might think about having a conversation among themselves, the senate and the...
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Dec 27, 2012
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one government portion of government borrowing from another portion of government and claiming in the end don't worry, your concerns will be alleviated. stuart: we keep going back to why did young people votes overwhelmingly for this administration to have a second term? was it never pointed out to them that you are going to have to pay in a difficult job environment that is very stretched, you are going to have to pay for medicare, medicaid and social security all of which go to older people? was it never pointed out to them in any way, shape or form war where republicans portrayed as just mean and stingy and hurting people all costs? what is going on here? >> as you and i have discussed republicans have seeded cultural ground especially on college campuses. mitt romney and paul ryan rarely made an appearance and rarely made conservative ideas, free market ideas palatable to younger voters and talk about things, investing in a social security system that won't be around for them. i think we have allowed liberals or conservatives have allowed liberals to take the pop cultural game and
one government portion of government borrowing from another portion of government and claiming in the end don't worry, your concerns will be alleviated. stuart: we keep going back to why did young people votes overwhelmingly for this administration to have a second term? was it never pointed out to them that you are going to have to pay in a difficult job environment that is very stretched, you are going to have to pay for medicare, medicaid and social security all of which go to older people?...
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Dec 27, 2012
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to close the government. we are in a season where we need to act. >> you, congressman -- >> on something concrete. >> i didn't mean to interrupt you there but it sounds like you think it's a deliberate attempt to take the economy, the government. >> yeah. 55. the tea party members. not john boehner. john boehner's allowed himself to be captured by the fellows. he is above and beyond that. i think he's basically trying to do the right thing but he can't get a vote out of his own party for his own legislation. who does he turn to? the president of the united states? more worried about getting a proposition from the president to turn down then what proposition is he talking about? i think the president has been more than willing to compromise and the democrats in the house of representatives. we need 30 votes to get beyond our 190 that we have now. 191 in the house and 218 to pass anything. i think if harry reid does it, fine. let him do it. we need to think of what the country needs more than what each party do
to close the government. we are in a season where we need to act. >> you, congressman -- >> on something concrete. >> i didn't mean to interrupt you there but it sounds like you think it's a deliberate attempt to take the economy, the government. >> yeah. 55. the tea party members. not john boehner. john boehner's allowed himself to be captured by the fellows. he is above and beyond that. i think he's basically trying to do the right thing but he can't get a vote out of...
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Dec 29, 2012
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the government will be taking more out of their paychecks and when the tax time will roll by in april, they'll feel it and businesses will feel it. once people will see they're losing money on this deal you'll see more public outrage about it. >> david naka, mura, calling for an up or down vote if the senate can't come up with it. he's talking about 250,000, at one point 400,000. is it realistic to think that the president can win this thing on an up or down vote? >> if they actually go to an up and down vote there will be a lot of pressure on those who were against a temporary fix with this to make their case known and actually go on the record. that's why the question is would the republican senators who would oppose this thing at the $250,000 level, they would use some of the mechanisms they have like the fill buster and things that the public doesn't like, but they're certainly part of the tools that the senators have to object to these things. would they block it? as mark murray said, this is about the blame game and setting up and if you'll block it, go on record to do so or you
the government will be taking more out of their paychecks and when the tax time will roll by in april, they'll feel it and businesses will feel it. once people will see they're losing money on this deal you'll see more public outrage about it. >> david naka, mura, calling for an up or down vote if the senate can't come up with it. he's talking about 250,000, at one point 400,000. is it realistic to think that the president can win this thing on an up or down vote? >> if they...
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Dec 24, 2012
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that was during the government shutdown. this is really a rare occurrence for members of congress to have to come back and work out legislation that they went able to get done before the christmas holiday. >> the president is supposed to stay there for how long? >> well, of course, the white house not really giving us specifics about the president's travel plans at this point in time. the reality is i think the president is himself trying to figure out what he is going to do, but we do expect that he will cut his vacation short. you've heard the president himself during his press conference on friday say i will be seeing you all next week. i think that it is very likely that we will see president obama back in d.c. later on this week and also taking part in those negotiations. >> last but not least, do you have on flip-flops? >> no, not yet. >> i'm looking at wi kiki behind you, and i'm jealous. i have to say i think anybody that's seeing this all right now, we are all jealous. >> it is beautiful here. it's a great assignmen
that was during the government shutdown. this is really a rare occurrence for members of congress to have to come back and work out legislation that they went able to get done before the christmas holiday. >> the president is supposed to stay there for how long? >> well, of course, the white house not really giving us specifics about the president's travel plans at this point in time. the reality is i think the president is himself trying to figure out what he is going to do, but we...
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Dec 24, 2012
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government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly than the economy, larger than they have been in the past, and what we need to decide as a nation is, are willing to pay substantially higher taxes than we have in the past to pay for these programs? if we want to keep our current tax burdens, we need to figure out how to reduce those programs. medicare -- we are not talking about reducing benefits over the long term. we have a health care system over all that grows more quickly than the economy. economists do not have one reason why that happens. they are looking for all the reasons why that ha
government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly...
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Dec 27, 2012
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now you are expanding the risk of the government's books. new loans held by private investors. gerri: i want to talk about another issue with you that is a fiscal cliff going over the fiscal cliff, what will that do to housing? >> the worst case scenario in the fiscal cliff if the tax increases and spending cuts come into effect would be bad for the economy and would really hurt housing demand. even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing market still might be affected if the mortgage interest deduction is cut back severely. right now the mortgage interest deduction cost the government roughly $100 billion per year in revenue and getting rid of that would likely increase home values particularly in more expensive areas. gerri: rehear it would put the brakes on selling and home buying in those areas. what are the issues for you? you know all the issues and housing, what are you looking for next year? >> three things have been really important, the first is the inventories of homes for sale are down sharply. that is great news fo
now you are expanding the risk of the government's books. new loans held by private investors. gerri: i want to talk about another issue with you that is a fiscal cliff going over the fiscal cliff, what will that do to housing? >> the worst case scenario in the fiscal cliff if the tax increases and spending cuts come into effect would be bad for the economy and would really hurt housing demand. even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing...
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Dec 27, 2012
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government. >> so true. we also can look at the difference and say, well, maybe holiday discretionary spending wasn't as strong, but retail spending generally held up okay. maybe not the best sign tore some of the retailers, back up not a reason to completely lose faith in the u.s. consumer. we should point out this disparity we've seen where capital spending, goods for new capital orders have been weak and retail sales have been relatively strong. labor income has held up okay. frankly, when you look at 2013, the outlook for that to continue looks recently good. >> well, sure. and the other thing we'll look forward to is the number on jobless claims. they were back to their prehurricane level suggesting that the labor market hasn't fallen out of bed. there will be an interesting announcement coming out of the irs sometime between now and the end of the year which will be very important. they're going to give guidance to employers on what will be the tax withholding rates for 2013. under the laws, those with
government. >> so true. we also can look at the difference and say, well, maybe holiday discretionary spending wasn't as strong, but retail spending generally held up okay. maybe not the best sign tore some of the retailers, back up not a reason to completely lose faith in the u.s. consumer. we should point out this disparity we've seen where capital spending, goods for new capital orders have been weak and retail sales have been relatively strong. labor income has held up okay. frankly,...
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Dec 29, 2012
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government. deals of the government. lockheed martin, granted construction. grumed. saint jude medical. motorola, waste manage: these are companies that not only have big contracts with the government but employ a lot of people who should these contracts not be renewed to the extent they are right now. those employees could be facing an uncertain future. >> harris: wow, at a time when we're still trying to generate enough jobs to break even at the end of the month. >> that's right. >> harris: adam shapiro, thank you. three police officers recovering from a rampage that played out inside their police station. it happened in southern new jersey. they say a man police had arrested for domestic violence started shooting. >> while he was being processed, he got into a violent confrontation with the officers. he fired -- he obtained a firearm. he fired and struck three of the officers. >> harris: then those officers shot that man dead. david lee miller live in the newsroom. david lee, how did this guy get his hands on a gun inside a police station. >> harris, he was being
government. deals of the government. lockheed martin, granted construction. grumed. saint jude medical. motorola, waste manage: these are companies that not only have big contracts with the government but employ a lot of people who should these contracts not be renewed to the extent they are right now. those employees could be facing an uncertain future. >> harris: wow, at a time when we're still trying to generate enough jobs to break even at the end of the month. >> that's right....
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Dec 22, 2012
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, not the post office but the federal government and, the federal government has been ballooning, in the last few years. so, certainly that is an opportunity for some people. >> jamie: let's say they hire people and some stay on as permanent workers, for others. do you think salaries will ever get up to the rates they were for jobs? i know the minimum wage goes up from time-to-time. can some employees who may be underemployed expect at some point to regain their financial picture? future? >> i'm absolutely an optimist but i think it is all about what you bring to the table. if your skills have gotten rusty get skills and skills once in demand are not the same ones in demand today. you have to seep yourself current, no matter where you are in the economic spectrum you have to keep your skills up to par and if you let them lguish your salary will go down, certainly, in real terms. >> jamie: is there a prejudice against workers out of the workforce for a while, even with the temporary jobs? >> without a doubt them. longer you are out. you turn from unemployed to unemployable. and, you k
, not the post office but the federal government and, the federal government has been ballooning, in the last few years. so, certainly that is an opportunity for some people. >> jamie: let's say they hire people and some stay on as permanent workers, for others. do you think salaries will ever get up to the rates they were for jobs? i know the minimum wage goes up from time-to-time. can some employees who may be underemployed expect at some point to regain their financial picture? future?...
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Dec 27, 2012
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that is when the government reaches its legal borrowing limit. now, this could pose a bigger threat to the nation's credit rating than the fiscal cliff. treasury can keep the government operating for a few weeks using emergency measures, but congress needs to act on this too to avoid a full-blown debt crisis. alina cho. joins us with the ret of the top stories. >>> former president george h.w. bush remains in intensive care in a houston hospital with an elevated fever. he is on a liquid diet an his condition is listed as guarded. his spokesman quotes him as saying i'm determined not to be dprumpy with all of this. >>> toyota has agreed to pay up in a major way, $1.1 billion to settle a class action suit over sudden acceleration issues. under the deal toyota will install a brake override system in effective cars. it will also set up a fund of $250 million for former toyota owners who sold their cars from september of 2009 through all of 2010. that money would compensate owners for their car's reduced value because of bad publicity. also toyota's a
that is when the government reaches its legal borrowing limit. now, this could pose a bigger threat to the nation's credit rating than the fiscal cliff. treasury can keep the government operating for a few weeks using emergency measures, but congress needs to act on this too to avoid a full-blown debt crisis. alina cho. joins us with the ret of the top stories. >>> former president george h.w. bush remains in intensive care in a houston hospital with an elevated fever. he is on a...
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Dec 23, 2012
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do you see the government? >> guest: the government solves most of our problems. we have to take away a private health insurance. take all that money, give each of us the same amount of money to purchase health insurance, a $2500 for an adult, $8000 for a family. that's your tax subsidy. you spend additional money after taxes and treat everybody the same. >> host: what do you mean? >> guest: right now we don't. right now you get in a subsidy to employer provides you with a plan, you get no tax relief. purchasing insurance on your own. under obamacare, inequities are even worse. step on the treat everyone the same. when you buy insurance, no matter who you are, get the same amount of help from
do you see the government? >> guest: the government solves most of our problems. we have to take away a private health insurance. take all that money, give each of us the same amount of money to purchase health insurance, a $2500 for an adult, $8000 for a family. that's your tax subsidy. you spend additional money after taxes and treat everybody the same. >> host: what do you mean? >> guest: right now we don't. right now you get in a subsidy to employer provides you with a...
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Dec 27, 2012
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the government enjoys air superiority and is using it without reserve. but these rebel fighters are already getting ready for a full series. they are training for the creation of a future syrian army. >> after liberating several areas, our thinking is that it shifted the for the syrian national army. our main goal is to topple the regime of, but we need to find an alternative to a takeover. >> organized and eager. they have inherited a lot. >> thousands of people have taken to the streets for the third time this week, protesting a number of arrests, targeting city officials. >> thousands have taken -- the ministers bodyguards are arrested, accusing the government of being sectarian. >> this crowd is not political or sectarian, but represents everyone became for the marginal elevation. when we say the injustices happen, it doesn't mean we want to take the country to a civil war. >> the governor of the prime minister has denied allegations of adopting sectarian policies. >> this is an effort to return the sectarian divide after they lost voters and the con
the government enjoys air superiority and is using it without reserve. but these rebel fighters are already getting ready for a full series. they are training for the creation of a future syrian army. >> after liberating several areas, our thinking is that it shifted the for the syrian national army. our main goal is to topple the regime of, but we need to find an alternative to a takeover. >> organized and eager. they have inherited a lot. >> thousands of people have taken to...
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Dec 22, 2012
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the government brought them back. after a certain date if there were in your home, you were arrested. they have had a decrease in crime, especially in suicide, an interesting development. it seems to me you either have to go that route, which you cannot in the u.s. -- gun ownership and australia was 5% of households. hear, gallup has shown is 47%. we have a second amendment and the whole history going back to washington. given that we are a different culture, the kinds along that we pass are almost always an effective as a result because there are 300 million weapons out there today. unless you recall them the way australia did and when we can not you will have a reservoir that will last for 100 years. >> you try that in this country, you can imagine. >> you will have an insurrection. >> the dilemma of gun-control. you do not need to permit guns -- and i understand there are already plenty of them. he did not simply not do something because it is already a problem. right now, we allowed guns that are made specifically
the government brought them back. after a certain date if there were in your home, you were arrested. they have had a decrease in crime, especially in suicide, an interesting development. it seems to me you either have to go that route, which you cannot in the u.s. -- gun ownership and australia was 5% of households. hear, gallup has shown is 47%. we have a second amendment and the whole history going back to washington. given that we are a different culture, the kinds along that we pass are...
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Dec 24, 2012
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joining me now, president for americans for limited government. so why doesn't the administration want a deal, why do they want to go over the fiscal cliff? can you hear us? okay, we're going to have to fix bills hearing problems. he will take a quick break and come back with bill wilson right after this. stay tuned. you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio suary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> phil wilson can't hear us now. sorry about the difficulty with your hearing device. let's talk about the president going off the fiscal cliff or not. >> i think it is crystal clear that that is the case. his response was to offer, what he called, a small proposal. extend another $30 billion, no spending cuts and l
joining me now, president for americans for limited government. so why doesn't the administration want a deal, why do they want to go over the fiscal cliff? can you hear us? okay, we're going to have to fix bills hearing problems. he will take a quick break and come back with bill wilson right after this. stay tuned. you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out...
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Dec 22, 2012
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gerri: correctly, is the government doing anything to stop this? skimmer's no there are people out there right now scrubbing checks to people who are only taking their money. >> if you ever hear of these and he's certainly should contact your state attorney general. unfortunately there is a lot of bad stuff that goes on and their ability to oversee it is difficult, but they will prosecute if they find out. gerri: watch out. those are your words of wisdom. the website is called charity navigator. even if you want to research any kind of charity, the rate them and really looked at the bottom line. thank you for coming on. >> thank you so much. gerri: all right. from helping those in newtown to helping our military eurozone. i'm joinedby executive vice president and chief of staff at the u.s. thank you for joining us. we wanted to a happy story in the charity area, and you are providing that tonight. i know everyone has heard of the uso, but the adult think everyone knows exactly what you do. help us understand. >> it's great to be here tonight, and t
gerri: correctly, is the government doing anything to stop this? skimmer's no there are people out there right now scrubbing checks to people who are only taking their money. >> if you ever hear of these and he's certainly should contact your state attorney general. unfortunately there is a lot of bad stuff that goes on and their ability to oversee it is difficult, but they will prosecute if they find out. gerri: watch out. those are your words of wisdom. the website is called charity...
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Dec 23, 2012
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there are three branches of government, you know, we didn't elect president obama to be the dictator. we have another branch which, where the democrats lost and people who voted for republicans were very concerned about the size of government, paul. i mean, they've allowed this to be a debate about tax rates, but the real problem, i think, for most republicans and people who voted for them is that they see how the cost s rate that is just unsustainable. i mean, the country cannot survive the kinds of increases in entitlement payoffs that will occur if there's not reform. >> paul: there's at least in my reporting, the president has offered only one substantive entitlement reform and that's a change how we calculate inflation for benefits and tax brackets and that was agreed to last year. it's really minor in the scheme of things, nothing else sustainable. >> i think that the president is overplaying his hand, paul. he's going to need republican vote next year to raise the debt ceiling and needs the republicans votes for second term items, immigration reform and humiliating them now is
there are three branches of government, you know, we didn't elect president obama to be the dictator. we have another branch which, where the democrats lost and people who voted for republicans were very concerned about the size of government, paul. i mean, they've allowed this to be a debate about tax rates, but the real problem, i think, for most republicans and people who voted for them is that they see how the cost s rate that is just unsustainable. i mean, the country cannot survive the...
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anti-government rebel fighters attacking a government base, and we are learning the international envoy seeking a solution to in this 21-month-old conflict is saying political change is needed immediately to end the violence which has already killed an estimated 44,000 people. leland vittert live for us from our mideast bureau with the latest on this. leland? >> reporter: harris, the peace envoy is trying to bring back a plan that was dead on arrival back in june. it doesn't look like there's any budging from either side. president assad still says that he is going to stay on and continue to fight there inside syria. the rebels say they will accept nothing short than the regime falling, all this amid the rebels continuing to make more and more advances, continuing to close the noose, if you will, on the battlefield especially around president assad's stronghold there in the capital of damascus. russia, though, is continuing to protect syrian president bashar al assad. obviously, that is the transitional plan that something along the lines of what the rebels would endorse would have assa
anti-government rebel fighters attacking a government base, and we are learning the international envoy seeking a solution to in this 21-month-old conflict is saying political change is needed immediately to end the violence which has already killed an estimated 44,000 people. leland vittert live for us from our mideast bureau with the latest on this. leland? >> reporter: harris, the peace envoy is trying to bring back a plan that was dead on arrival back in june. it doesn't look like...
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. >> and this endless deadlock, this complete failure to compromise on seemingly anything and to govern -- >> the american people have spoken, and they've basically voted for the status quo. the president got re-elect, the senate is still in democratic hands and the house is still in republican hands. the american people have spoken. >> if there is no deal income tax cuts and payroll tax cuts are scheduled to expire at the end of the year. 2 million jobless americans lose their unemployment benefits. the president and congress impressional leaders from both parties are scheduled to meat at the white house at 3:00 tomorrow to try to find some way out of this mess. they have met at the white house before to try to find some way out of this mess, and every single time they did that, they did not find a way out of this mess. if past is prologue, derek, get out your wallet. >> well, gary, as the mess, as you describe it, looms closer and closer, what do you really want to know about this fiscal cliff? join us tomorrow for 9news at 5:00. we'll have an expert here to begin to answer your quest
. >> and this endless deadlock, this complete failure to compromise on seemingly anything and to govern -- >> the american people have spoken, and they've basically voted for the status quo. the president got re-elect, the senate is still in democratic hands and the house is still in republican hands. the american people have spoken. >> if there is no deal income tax cuts and payroll tax cuts are scheduled to expire at the end of the year. 2 million jobless americans lose...